Can America Survive Global De-Dollarization?

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2024-10-08 17:02:55 - Translate -

“Money does not grow on trees” In fact, the elite status of US currency has been taken for granted and is being eroded by policies that create inflation as well as sanctions that exclude other nations from participating in the global economy that America dominates through its money. There is the danger that the constant erosion could precipitate an avalanche that could cause the dollar to lose its status.
https://www.zerohedge.com/geopolitical/can-america-survive-global-de-dollarization

“Money does not grow on trees” In fact, the elite status of US currency has been taken for granted and is being eroded by policies that create inflation as well as sanctions that exclude other nations from participating in the global economy that America dominates through its money. There is the danger that the constant erosion could precipitate an avalanche that could cause the dollar to lose its status. https://www.zerohedge.com/geopolitical/can-america-survive-global-de-dollarization